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What is Cronos (CRO)?

Cronos (CRO) is the native token of Crypto.com and interoperates with two popular blockchains, namely that of Ethereum and of Cosmos. How does it work? Cronos runs on an Ethereum-compatible blockchain network but has been built by using the Cosmos SDK technology. The entire Cronos blockchain is open source, and scalable for web3, DeFi and GameFi applications. The chain focuses on fast transactions and low fees, making it faster than the current Ethereum blockchain. The company behind Cronos, Crypto.com, is known for its many sport sponsorships and will bring Cronos more into the limelight as time progresses.       

How can I store Cronos (CRO)?

Cronos CRO can be stored in the Anycoin Vault. All supported tokens on Anycoin Direct are available in the Anycoin Vault and can be swapped against one another. Don’t know where to start? No problem. All you need to do is create an account. Once your account has been created, you can activate your personal Vault in your account dashboard or by simply placing an order. In the Anycoin Vault, you can not only store Cronos, but you can swap CRO against any other coin whenever you want. This swap can be done without paying the blockchain network fee. The Anycoin Vault is an additional feature we offer to our customers. Currently, Cronos CRO is only available in the Anycoin Vault.

Since 2013

Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.

Security

Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.

Community

Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe. 

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Why buy Cronos with Anycoin?

With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.

Buy crypto in three easy steps!

1
Register

You can create a free Anycoin Direct account within minutes.

2
Verify

Verify your identity with one of our trusted verification partners.

3
Trade

Buy, sell, swap and store your favorite coins. Never miss a moment.

Anycoin Vault

The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours. 

Foundation

Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.

Extra information about Cronos (CRO)

How can I store CRO?

The safest way to store CRO is with a hardware wallet. However, if you are new to the world of crypto and want us to manage things for you, the Anycoin Vault is the easiest option for you. With Anycoin Direct, you don't have to worry: store CRO securely in our Anycoin Vault.

Can I buy CRO with iDEAL?

Yes, you can buy CRO with iDEAL at Anycoin Direct. You can also pay with Paypal, SEPA, Sofort, VISA, Mastercard and EPS.

Do you need to buy a whole Cronos(CRO )?

You don’t need to buy whole cryptocurrencies to trade them. You can buy small parts of any cryptocurrency. For example, on Anycoin Direct, the minimum purchase amount is €10.

Can I send CRO to my own wallet?

Yes, while buying CRO you can choose to send it to your own wallet. Alternatively, you can choose to be managed by us; we will then store your CRO securely in the Anycoin Vault.

Is it safe to buy CRO ?

Yes, buying CRO is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy CRO safely with us with a wide range of payment options.

Is CRO legal in the UK?

Yes, CRO is legal in England. You don't have to worry about the legality of buying CRO .

Do I have to pay taxes on my cryptos?

Depending on the amount of cryptocurrencies you own and the country you live in, the rules for this are different. Always make sure to get information from your personal government authorities.

Can I buy CRO anonymously at Anycoin Direct?

No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.

Can I do a business transaction with Anycoin Direct?

Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.

What can Cronos (CRO) be used for?

As we already mentioned, CRO is the native token of Crypto.com and can be used to pay for transactions on the official Crypto.com chain. In addition, CRO holders can use their tokens on the chain to act as validators. By acting as a validator on the network, you can earn fees. But the Cronos network aims for so much more than just another payment token. It can also be used for all DeFi and GameFi features on the platform.

Even though the Crypto.com exchange has been garnishing some negative headlines lately (mainly due to them cutting rates without warning), the CRO token works seamlessly. With many sport sponsorships like Formula 1 and the Qatar World Cup, Crypto.com wants to show CRO to everybody around the world and thus reinforcing the adoption of cryptocurrency itself. The company is constantly finding and developing new use cases that allow users to use cryptocurrencies to increase the control they have over their money, data, and identities.

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